The Central Bank employees can only have an account turnover of up to 20 billion tomans per year.
The Central Bank of the Islamic Republic of Iran has sent a directive to the country’s banking network, requiring banks and credit institutions to determine the expected level of activity for each customer.
This level of activity is determined based on the credit institution’s estimate of the customer’s annual financial turnover, aiming to increase transparency in financial transactions and align them with individuals’ occupational and economic status.
According to the details of this directive, the annual account turnover limit is set at 20 billion tomans for salaried individuals, employees, and those with fixed salaries, and 5 billion tomans for unemployed individuals.
According to this directive, individuals and legal entities must complete their economic information in banking forms and provide the necessary documentation, either in person or remotely, to credit institutions to determine their banking activity level.
The Central Bank has announced that this plan is being implemented to manage banking risks, combat money laundering, and create a balance between income levels and individuals’ financial transactions.
